Market dynamics on August 5: BTC's main downtrend begins, U.S. stocks collapse, which may lead to a rate cut in September

I. Market Dynamics

1. BTC's main downtrend has begun, with altcoins generally falling.

2. The U.S. stock market crashes, forcing a rate cut in September. Buffett clears out U.S stocks for the first time in recent years.

II. Market Focus

1. BTC plummets, with the weekly line trumpet mouth opening downwards. The market trend is similar to 2019 when the bull market started again half a year after the last rate cut - from July 2019's rate cut to April 2020 and March 2022's first interest rate hike; BTC surged greatly half a year after the rate cut in March 2020 and ended almost leading by half a year before November 2021’s interest-rate increase.

2. JUP of SOL ecosystem rises; JUP is SOL's DEX which decided to reduce token count by 30%.

3.POLIFI’s HARRIS increases; both candidates have close winning rates but HARRIS has a market value of $10 million while TRUMP has $200 million – that’s twenty times difference.